Saturday, June 2, 2012
Global slowdown fears send European shares to six-month lows
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Facebook's stock up 5 pct after 3 days of losses
NEW YORK (AP) ? Facebook's stock has regained some of its losses from the past few days.
The stock jumped $1.41, or 5 percent, to close Thursday at $29.60. That comes after three consecutive days of declines. The stock is still down 22 percent since its highly anticipated initial public offering two weeks ago.
Facebook Inc. began trading on the Nasdaq Stock Market on May 18. The day started with a delay due to trading market glitches and didn't get much better from there.
The company, along with the investment banks that led the IPO, is also the subject of at least two shareholder lawsuits. They allege that analysts at the large underwriting investment banks cut their financial forecasts for Facebook just before the IPO and told only a handful of clients. Morgan Stanley has declined to comment. Facebook calls the lawsuits "without merit."
Standard & Poor's equity analyst Scott Kessler, who has a "Sell" rating on Facebook's stock, lowered his target price to $27 from $30 on Thursday. He also lowered his earnings forecast to 39 cents from 40 cents for 2012.
Associated PressDistimo Launches AppLink For Mobile App Publishers, Details Strategies For App Store Success
This month, app store analytics firm?Distimo?is taking a step back from analyzing the details of mobile app trends to survey the larger landscape of the app stores themselves. While some of the new entrants to the app store market have launched and failed over the past few years, others like Amazon's Appstore, have proven to be more successful. Today, many mobile developers are publishing to multiple stores, Distimo notes, which has led the company to launch a new product called AppLink, a short URL service that leads consumers to a landing page for the app in question. And, as always, the company has released new findings related to app store trends, this month offering up advice on different strategies for app store success, whether developers are focused on high user numbers, revenue or niche markets.kevin youkilis spacex ann romney tupac hologram tupac back tax deadline death race
Friday, June 1, 2012
April RPI above 100 for 6th straight month - National Restaurant ...
Can We Sue The Previous Home Owners For Non ... - Realtor.com
Q: We purchased a home 24 years ago in West Boca Raton FL with no sinkhole disclosure. There is a pool and deck which was added 4 yrs after home was built(1980). It appears that they may have had sinkhole repair done prior to our purchasing. Now it appears that there may be sinkhole activity damages occurring. Do we have any leg to stand on with insurance regarding this since it was never disclosed when we purchased the home? Do we have capability to sue the original owners for non disclosure?
?Anonymous, Boca Raton, FL
A: Dear Sinkhole Homeowner,
This is a difficult question, mostly because 24 years have gone by with no problem, which may indicate that the repairs were done in a workmanlike manner (since they held up for 24 years). I absolutely advise you to contact your insurance company to discuss whether or not they will cover the damage and necessary repairs.
Does your state REQUIRE a special sinkhole disclosure?
My first thought is to contact the agent who represented you when you bought the house. I realize it?s a long shot since it?s been 24 years, but it?s worth looking him or her up on Florida?s department of real estate website to see if the person is still an active agent and if so, you will see how to reach him/her. The broker (firm) of your agent may be a good resource for you too. Most companies carry Errors & Omissions Insurance to cover mistakes made by real estate agents.
I don?t know if there is a statute of limitations in Florida for a matter like you described. Furthermore, did the sellers or the real estate agents involved when you purchased your home KNOW about the previous sink hole repair?
Real estate disclosure laws vary significantly from state to state. I?m a California Realtor and do not have a license in Florida, so I?m not familiar with the laws. But I do know that some states are default ?as-is? states meaning that if something is open and discoverable by a reasonable inspection, then the burden was on you to have a geology report.
I was recently involved in real estate litigation in Ohio where the buyer purchased a home in 2007 and a year later the home started suffering significant settling, cracking, and slippage. The burden was on the buyer to PROVE that the sellers INTENTIONALLY hid the defects by making cosmetic repairs that would make them undetectable. In our case, the buyer did prove that the sellers and their agent committed fraud and negligently hid known defects. The jury ruled in favor of the buyer in 2012 for $200,000 in damages plus $125,000 in attorney fees.
Unfortunately, it took lots of time and a fantastic attorney to get the matter resolved. It may be worth it to you to pay a couple hundred dollars to meet with an attorney who SPECIALIZES in real estate construction defects to see what your rights are.
Another resource may be the local Florida Association of Realtors. You may want to call them and ask them if your agent was a Realtor and if so, how can you file a complaint and what do they suggest you do.
I hope this information is helpful.
DeniseTheRealtor
Denise Shur is a Realtor? with 1:1 Realty in San Jose, CA.
A: In all honesty this is a ?legal? and ?insurance? question, best answered by one of the two, not a Realtor.
Lana Lavenbarg is a Realtor? with RE/MAX Ideal Brokers, Inc. in Grants Pass, OR.
Are you interested in having a qualified REALTOR answer your questions? Click through to Ask a REALTOR? now.
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Related posts:
- Are The Previous Owners Of Our Home Responsible For Newly Discovered Issues?
- What Are The Risks Of Selling A House FSBO?
- The Seller?s Agent Shared Emails With The Buyer, Is That Allowed?
- Can We Rent Our Short Sale Purchase Back To The Previous Owners?
- Who Is Responsible For Making Sure The Seller?s Disclosure Is Complete?
Food, festivities, fun and families ? Louisiana Air National Guard ...
159th Fighter Wing Public Affairs Office
NEW ORLEANS ? Louisiana Air National Guardsmen and loved ones celebrated Family Day, an event dedicated to connecting families by providing food, festivities and fun at the Naval Air Station, Joint Reserve Base, New Orleans, May 20.
The festivities included live music by the band the Louisiana Brew, a variety of delicious foods and a slew of activities for the kids. There was also an F-15 static display that allowed families to pose for pictures and get up close and personal with the aircraft.
A few other displays were the New Orleans SWAT team, U.S. Marshalls and the 159th Security Forces Squadron with several specialty items and props.
?Most people think the Air Force is just about airplanes and don?t associate it with other career fields,? said Tech. Sgt. Paul White, 159th SFS craftsman in charge of the weapons display table.
Staff Sgt. Gary Lipkos, a heavy equipment operator with the 159th Civil Engineering Squadron said that this year?s family day was more entertaining than those held in previous years. ?There are more things for the kids to do like the pony rides, several bounce houses and a dunking booth. I really am enjoying it!?
Maj. Ignacio Assaf, 159th Logistics Readiness Squadron commander, was a volunteer working the dunking booth and was dunked several times to the amusement of the gleeful crowd.
Other events for the kids included a rock wall, face painting, a photo booth and the Saints Training Experience which consisted of a bounce house, football throw and obstacle course that tested the endurance of the children.
Among the activities, there were several vendors that provided information on various services, such as REMAX Realty Company, Humana healthcare, USAA Financial and Military and Family Life Consultants. The MFLAC?s said they provide free confidential counseling to the service member and their families.
P.A.W.S., the Plaquemine Animal Welfare Society, was a huge hit with the kids and with potential ?fur-baby? adopters. They brought several loveable puppies and also educated on the importance of spaying, neutering and heartworm prevention. Two of their wonderful animals found loving, military homes during the event.
Women Veterans of Louisiana were on site to answer any questions and raise awareness about the organization which strives to promote a meaningful connection between women and military service. Tanya Whitney, retired U.S. Army, explained that this organization is not like a Veterans of Foreign Wars. ?We are more of a ministry. We want people to know that there are women vets too.? The organization encompasses all branches of service and some of their members served in World War II.
Just in case all of the food, activities and vendors weren?t enough, there were several raffle baskets donated by various organizations, such as an animal rescue themed basket valued at over $250, a ?spirits? basket, a camping and fishing basket, a one week condo vacation stay to Florida!
Over 500 family members came out to enjoy the day with their Airmen. ?Family day is a great event for all of our families to see what we do and enjoy each other?s company,? said Chief Master Sgt. Brian Cooper, 159th Maintenance Operations Flight.
?Recruiting Airmen and retaining their families in a high operations tempo while asking so much of our families can be tasking. Anytime we can thank our families and show them our appreciation for the support of their Airman?s service ? we want to do that,? said Col. Roy V. Qualls, 159th Fighter Wing commander.
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